In accordance to Art. 430 of the Capital Market Act, this is to inform you that the joint stock company Ericsson Nikola Tesla disposed the total of 55 of its own shares representing 0.004% of the share capital.

In accordance to Art. 430 of the Capital Market Act, this is to inform you that the joint stock company Ericsson Nikola Tesla disposed the total of 660 of its own shares representing 0.05% of the share capital. Shares were distributed to employees of the Company under the Award programs established in 2004.

Ericsson Nikola Tesla signed new contracts amounting to MHRK 33 for the CIS and Bosnia & Herzegovina markets.

In accordance to Art. 430 of the Capital Market Act, this is to inform you that the joint stock company Ericsson Nikola Tesla disposed the total of 425 of its own shares representing 0.03% of the share capital.

In accordance to Art. 430 of the Capital Market Act, this is to inform you that the joint stock company Ericsson Nikola Tesla disposed the total of 3650 of its own shares representing 0.27% of the share capital.

Rüdiger Schulz, Chief Executive Officer of Crnogorski Telekom and Gordana Kovačević, MSc, the president of Ericsson Nikola Tesla in Podgorica signed on Nov. 10, a frame agreement, defining the cooperation in the radio access network for the next five years.

Summary

Highlights: Orders booked MHRK 792.4, Sales revenues MHRK 838.1, Gross margin 10.3%, Operating profit MHRK 2.9, Net profit MHRK 25.2, Cash flow from operating activities MHRK 90.5.

At the Zagreb Stock Exchange 21st Conference, and it is about the central point where Croatian and regional financial unit gather, the Poslovni dnevnik (a business daily) awarded Ericsson Nikola Tesla the title of the best domestic company for relations with investor. The second and the third position, respectively were awarded Croatian Telecom (HT) and Atlantic group.

Ericsson Nikola Tesla contracted new export deals amounting to more than MHRK 60. The majority of contracts refer to the CIS market. It is about the modernization and extension of mobile and fixed networks, as well as about the IP-oriented solutions for business clients.

Gordana Kovačević MSc, the president of Ericsson Nikola Tesla and Nedžad Rešidbegović MSc, BH Telecom director general, signed in Zagreb on Sept. 28, 2011 the contract on extension of the radio part of BH Telecom network.

Ericsson Nikola Tesla made the contract with the Crnogorski Telekom worth over HRK 10 million. The scope of contract is upgrade, extension and modernization of the Crnogorski Telekom mobile and fixed networks as well as the introduction of the Number Portability Service into the mobile and fixed networks. Due to the signed contract T-Mobile users will be the first with HSDPA+ access at data rate up to 42 Mbps in Montenegro.

Today in Sarajevo MSc. Nedžad Rešidbegović, General Director of BH Telecom and Jagoda Barać, Marketing and Sales Director of the Neighbouring Countries Unit in Ericsson Nikola Tesla signed the contract for modernization of BH Telecom mobile network. The contract price is HRK 15 million.

Gordana Kovačević, the President of Ericsson Nikola Tesla commented on the Company’s performance: “Ericsson Nikola Tesla operated in a very complex and challenging environment characterized by reduced capital investments by telecom operators, permanent pressure on prices and fierce competition. In certain markets, we have witnessed unfavorable political and economic trends. As of Industry and Society segment budget cuts and postponement of investments are still present."

Ericsson Nikola Tesla and BH Telecom made a new contract for upgrade and expansion of BH Telecom fixed network worth more than HRK 10 million. Ericsson Nikola Tesla’s experts will immediately start the works, which are planned to be completed by the end of 2011.

The Annual Shareholders Assembly of Ericsson Nikola Tesla d.d. was held with following voting results

Annual Shareholders’ Assembly of the joint stock company Ericsson Nikola Tesla took place on May 31, 2011 with the represented equity capital of HRK 83,962,600, which means 63.05 percent of the total share capital of the Company. Thus, the conditions for lawfully convened an eligible operation of the annual general assembly were set which was the precondition for the decisions made to be legally valid.

Ericsson Nikola Tesla and HT Mostar signed a contract on the extension and modernization of the current mobile network, in 2G and the newly added 3G part. This contract is of special importance because it makes Ericsson Nikola Tesla the single vendor for HT Mostar network, in its radio part. The contract is the basis for implementation of attractive 3G functionalities to be offered by the given operator to its end users, as well as higher quality, higher rate and availability of services at the whole territory of Bosnia and Herzegovina.

Gordana Kovačević, the president of Ericsson Nikola Tesla commented on the Company’s performance: „Overall Ericsson Nikola Tesla results for the first quarter of 2011 show a decrease in Orders of 31% year-over-year, but at the same time, a 2% year-over-year increase in Sales and an improvement in Gross Margin and Operating Profit."

Pursuant to the Company Law, Art. 277, sections 2 and 3, the Managing Director of the joint stock company Ericsson Nikola Tesla d.d., Zagreb, Krapinska 45, on March 08, 2011 made the decision on the convocation of the Annual Shareholders’ Assembly that will take place at the registered office of the Company in Zagreb, Krapinska 45, on May 31, 2011 at 16.00 p.m.

At the press conference held on February 21. 2011, Ericsson Nikola Tesla announced business results for 2010. Also, the expectations for 2011 were presented. The conference was attended by the large number of press, radio and TV reporters, as well as investor representatives and financial analysts.